Lenovo wraps up purchase of Motorola phone unit

Lenovo Group announced the completion of its acquisition of Motorola Mobility from Google Inc. on Thursday in a move aimed at making the Chinese computer maker a global smartphone brand.

Lenovo looks to expand after IBM acquisition

Lenovo Group has received U.S. and European approval to complete its acquisition of IBM Corp.'s low-end server business and plans to use it to grow faster outside its personal computer business, Lenovo's chairman said Monday.

Lenovo profit up 23 percent on mobile growth

Lenovo Group, the world's biggest personal computer maker, said Thursday its latest quarterly profit rose 23 percent on strong growth in sales of smartphones and other mobile devices.

Smartphone shipments jump 25 percent in second quarter

Nearly 300 million smartphones were shipped in the second quarter of this year, up almost 25 percent from the same period last year, according to market research firm International Data Corp.

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